ForexNewsPlus Updates

USD/CAD Falls Near 1.3630 as Oil Climbs

USD/CAD eases to approximately 1.3630 in the early Asian session on Thursday. An increase in crude oil prices boosts the commodity-linked Canadian Dollar. The US service sector demonstrated growth in February 2026. The USD/CAD pair declines to approximately 1.3630 in the early Asian session on Thursday. The Canadian Dollar strengthens against the Greenback as oil … Read more

ForexNewsPlus Updates

GBP/USD Hits 1.37 as BoE Cut Odds Plummet to 20%

GBP/USD is currently at 1.3337 on Thursday, reflecting a decrease of 0.25%, remaining close to three-month lows within a descending channel that has limited every rally since the 1.3869 swing high. Two forces are acting concurrently on sterling: geopolitical safe-haven demand pushing the DXY to 98.90-99.00 for a third straight day, and U.S. economic data … Read more

ForexNewsPlus Updates

EUR/USD Pressured as Dollar Holds Strong

EUR/USD is currently at 1.1600 on Thursday, reflecting a decline of 0.32% for the session after it was unable to maintain a recovery toward 1.1650 during the early European hours — a rejection that was entirely foreseeable due to the structural forces acting against the pair at the same time. The U.S. Dollar Index remains … Read more

ForexNewsPlus Updates

USD/JPY Nears Critical 160 Resistance

USD/JPY is currently at 157.68 on Thursday, approaching the significant 158-160 resistance zone, which is the most critical technical barrier the pair has encountered in decades — a resistance cluster with price memory dating back to 1990. The pair experienced a decline during Thursday’s session before making a recovery, illustrating the ongoing tension between two … Read more

ForexNewsPlus Updates

GBP/USD Struggles Below 1.3400 as Dollar Stays Firm

GBP/USD is currently positioned at $1.3361-$1.3380 on Wednesday, showing a slight recovery from the session’s lows but struggling to maintain a definitive break above the $1.3400 psychological threshold that has characterized the pair’s upper limit since the onset of the Iran conflict. The session high reached $1.3403 before sellers regained dominance — a clear rejection … Read more

ForexNewsPlus Updates

EUR/USD Slips Near 1.1600 as Dollar Strengthens

The EUR/USD pair is currently positioned around 1.1600, pulling back from earlier session peaks as the dollar regained strength on Wednesday, following two consecutive positive economic reports — ADP private payrolls recorded 63,000 compared to a consensus of 48,000, and the ISM Services PMI jumped to 56.1, marking its highest level since July 2022. The … Read more

ForexNewsPlus Updates

USD/JPY Tests Key Support as Yield Gap Dominates

The USD/JPY pair is currently at 156.87, closely approaching the 100-hour moving average that has characterized its upward trajectory since February 11. This level has faced multiple tests and defenses with heightened urgency on Wednesday, as the overall strength of the dollar starts to wane slightly, while the yen attempts to regain its previous status … Read more

ForexNewsPlus Updates

AUD/USD Volatility Soars Amid Middle East Crisis Ramps Up

The AUD/USD pair has stayed within a limited range this week amid the ongoing conflict in the Middle East. On Tuesday, it was at 0.7077, experiencing a minor decline from the year-to-date peak of 0.7147. The emphasis will continue to be on the recent developments in the Middle East, the forthcoming US jobs data, and … Read more

ForexNewsPlus Updates

AUD/USD Volatile as Middle East Tensions Drive Market Uncertainty

The AUD/USD exchange rate exhibited significant volatility on Monday morning as market participants responded to the unfolding events in the Middle East, where tensions between Iran and the US intensified. The pair was observed at 0.7050, reflecting a minor decline from the year-to-date peak of 0.7140. The AUD/USD exchange rate experienced a pullback as market … Read more

ForexNewsPlus Updates

GBP/USD Slides as War Risk Lifts Dollar Demand

GBP/USD is currently positioned near 1.34 following a significant intraday decline that momentarily pulled the pair down to the 1.3315–1.3330 range. The recent shift is not arbitrary; it signifies a clear adjustment in the assessment of war risk, as synchronized US–Israel operations targeting Iran, drone assaults throughout the region, and overt threats concerning the Strait … Read more